The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Nation

No phones, cards needed, your car can pay for its fuel and Fastag directly

by TLAteam September 12, 2023September 12, 2023
written by TLAteam September 12, 2023September 12, 2023
No phones, cards needed, your car can pay for its fuel and Fastag directly

Amazon and Mastercard-backed ToneTag has launched the latest mode of making payments, which enables “pay by car,” The service can be availed by linking the Unified Payments Interface (UPI) with the car’s infotainment system. This allows car owners to digitally pay for things like fuel without using their smartphones.

Business News

ToneTag demonstrated the new technology in partnership with MG Hector and Bharat Petroleum.

How does the payment work?

Once a car reaches a fuel station, the fuel dispenser number appears on the car’s infotainment system, and the soundbox announces the customer’s arrival to the fuel station staff.

Subsequently, after refuelling, the customer enters the amount announced via the soundbox and this results in a contactless transaction. ToneTag has said that the new technology can be used for other services, such as recharging the car’s Fastag, with the balance being displayed on the car’s infotainment screen.

Previously, ToneTag had successfully developed an offline voice-based payment system through any phone under RBI’s sandbox. The challenge was to enable digital payments for people who don’t use smartphones or are yet to learn to use apps.

What is the RBI sandbox?
In India, Financial regulators such as the Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority (IRDA) and the International Financial Services Centres Authority run their own sandboxes.

The RBI sandbox scheme was first introduced in 2019 and is based on thematic cohorts. The first four cohorts were on retail payments, cross-border payments, MSME lending, and prevention of financial fraud, respectively.

At the Global Fintech Fest, ToneTag also unveiled conversational payments on UPI in partnership with the National Payments Corporation of India (NPCI), enabling bill payments over a phone conversation.

What is ToneTag?
The company’s website says it is the world’s largest audio-based solutions provider. The company offers both software and hardware to enable various services. The company was founded by Kumar Abhishek and Vivek K Singh in 2013.

0 comment
previous post
108 Hindus from Pakistan to get Indian citizenship in Ahmedabad
next post
DRI seizes foreign antique items worth over Rs. 26 crores at Mundra port

You may also like

Smartphone Brands Offer Big Discounts to Clear Extra...

July 9, 2025

July 9 Bharat Bandh: Full List of What’s...

July 8, 2025

Chaturmas 2025: A Sacred Four-Month Spiritual Period

July 8, 2025

ISS Spotted Over Delhi Skies at Dawn, Indian...

July 8, 2025

Massive Nationwide Strike on Wednesday as Over 25...

July 8, 2025

New NMC Rules Allow Non-Teaching Doctors as Faculty

July 7, 2025

Dhoni Turns 44: Asks for Permission Before Cutting...

July 7, 2025

No National Awards for Athletes Working with Unregistered...

July 7, 2025

Toll Fee Reduced on NH Flyovers, Tunnels by...

July 5, 2025

CBI Busts Medical College Bribery Racket: 34 Booked,...

July 4, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • IIM Ahmedabad and Novo Nordisk India partner to strengthen obesity care ecosystem through a multi-pronged collaboration

    July 9, 2025
  • Mahek Ghai flaunts her curves in a vibrant, hot bikini!

    July 9, 2025
  • Gambhira Bridge Collapse: Death Toll Rises to 12; State and Centre Announce Compensation

    July 9, 2025
  • Temple, Four Dargahs Demolished in Sarkhej During NHAI Encroachment Drive Amid Heavy Police Presence

    July 9, 2025
  • Ahmedabad Issues New Guidelines for Box Cricket and Net-Covered Sports

    July 9, 2025
September 2023
MTWTFSS
 123
45678910
11121314151617
18192021222324
252627282930 
« Aug Oct »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.